EDISON, N.J., Oct. 17, 2017 (GLOBE NEWSWIRE) — StrikeForce Technologies, Inc. (OTC PINK:SFOR) announced today that the Patent Trial and Appeal Board (“PTAB”) of the United States Patent and Trademark Office denied two petitions for inter partes review (“IPR”), IPR2017-01041 and IPR2017-01064, filed by Centrify Corporation, Duo Security, Inc., and Trustwave Holdings, Inc. Petitioners had challenged numerous claims of U.S. Patent No. 8,484,698 (the “’698 patent”). The ’698 patent is titled “Multichannel Device Utilizing A Centralized Out-Of-Band Authentication System (COBAS)” and relates to StrikeForce’s unique multichannel out-of-band authentication solution, and is among the patents asserted by StrikeForce in various district courts, including in Massachusetts, New Jersey, and California. At this time, no other IPR directed to claims of StrikeForce’s patents is pending before the PTAB.
The PTAB ruled: “Having considered the Petition and the Preliminary Response, we determine that the information presented does not show that there is a reasonable likelihood that Petitioner would prevail in establishing the unpatentability of any of the challenged claims of the ’698 patent. Thus, for the reasons given below, we deny institution of an inter partes review.”
Mark Kay, CEO of StrikeForce, commented, “We are pleased with the PTAB’s decision to deny institution of the IPRs filed by Centrify, Duo, and Trustwave. We believe the PTAB’s decision further demonstrates the importance and value of StrikeForce’s inventions.”
About StrikeForce Technologies, Inc.
StrikeForce Technologies helps to prevent Cyber theft and data security breaches for consumers, corporations, and government agencies. It provides powerful two-factor, “Out-of-Band” authentication, keystroke encryption along with mobile solutions. StrikeForce Technologies, Inc. (OTC PINK:SFOR) is headquartered in Edison, N.J., and can be reached at www.strikeforcetech.com or by phone at (732) 661-9641 or toll-free at (866) 787-4542.
Safe Harbor Statement:
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words “anticipate,” “believe,” “estimate,” “may,” “intend,” “expect” and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the sales of the company’s identity protection software products into various channels and market sectors, the issuance of the company’s pending patent application, and the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the company.
StrikeForce Investor Relations Contact:
Mark L. Kay